USD/JPY - SIGNAL - BUY/LONG
Updated
Details:
Buy Stop @ 111.180
Stop loss @ 110.700 (48 pips)
Target @ 111.835 (65.5 pips)
Risk - Reward ratio = 1.36
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
Like and comment if you enjoy what you see
Stephanos N.
Buy Stop @ 111.180
Stop loss @ 110.700 (48 pips)
Target @ 111.835 (65.5 pips)
Risk - Reward ratio = 1.36
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
Like and comment if you enjoy what you see
Stephanos N.
Trade active
Comment
price surging up nicely
Comment
risk cut down to 20 pipsComment
stop loss moved to 111.000 cutting down my risk another 2 pips, now to 18Comment
stop loss moved to the break-even level = 111.18Comment
stop loss moved to 111.260, locking in 8 pips of profitComment
stop loss moved to 111.300 locking in 12 pips of profitComment
Trade closed at stop loss = +12 pips
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